It remains to be seen whether Liansu opened slightly higher and stopped falling

News: From June to August 2018, China's imports of primary shape plastics gradually increased, and China's imports of primary shape plastics in August 2018 were 2.
87 million tons, an increase of 16.
8%
year-on-year.
In August 2018, China's imports of primary shape plastics amounted to US$4.
998 billion, a year-on-year increase of 23.
3%.

Raw material price: naphtha CF Japan reported 686.
5 US dollars / ton, up 1.
22%; FOB Singapore was trading at $74.
52 a barrel, up 1.
09%.

ethylene CFR Northeast Asia 1320 US dollars / ton, flat; CFR Southeast Asia was flat at $1215/mt
.

Spot price: Southeast Asia reported $1110, down $20; Far East reported 1090 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9480 yuan, down 20 yuan; East China Yuyao reported 9,500 yuan, flat; Guangzhou in South China 9750 yuan, down 150 yuan; Northwest Dushanzi 9600 yuan, flat
.

The Liansu 1901 contract opened slightly higher, and it was arranged sideways around the intraday moving average throughout the day, and the position volume was significantly reduced, indicating that there were funds leaving the market
.
Fundamentally, spot prices are stable, and the slow recovery of downstream demand supports them, but the equipment operating rate has rebounded, and the slight recovery of social inventory has put certain pressure
on futures prices.

Technically, the MACD indicator fell slightly, but the green column flattened, the KDJ indicator showed signs of low and upward, and it remains to be seen
whether the short-term will really stop falling.
In terms of operation, it is recommended that investors wait and see for the time being
.